look at the 4hr key level! how it gets respected(purple arrow). we have now closed below, bearish engulfing daily candle, an optimistic FED, a 4hr trend line retest and a LTF retracment level.
This trade has probably the most confluence i have traded. However, you can never be too sure. Wait for a rejection of the green box and use a good size SL and ride this thing down hopefully. If not no worries, risk will be managed. I may link an entry if this trade plays out how i expect.
This trade has probably the most confluence i have traded. However, you can never be too sure. Wait for a rejection of the green box and use a good size SL and ride this thing down hopefully. If not no worries, risk will be managed. I may link an entry if this trade plays out how i expect.